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    1529 Rand Rd Des Plaines, IL 60016

    For Sale
    $1,800,000

    High-visibility property suitable for automotive, retail, or service-oriented businesses.

    Property size:
    2,280 SF

    Property Features for 1529 Rand Rd

    General Information

    Size
    2,280 SF

    Building Details

    Year built
    2020

    Source: Dione Durham Agent Dione Durham

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Des Plaines Commercial Property For Sale

    Located in Des Plaines, Illinois, the property at 1529 Rand Rd is positioned on the southwest corner of Rand Rd and River Road, benefiting from high traffic volume of over 32,000 vehicles per day. The location provides convenient access to the Chicago market and is minutes from O’Hare International Airport and major highways I-90 and I-294. The property is surrounded by retail, dining, and entertainment options, including Allstate Arena and Rivers Casino. The site is suitable for automotive, retail, or service-oriented businesses. The property features a modern, well-maintained building with updated office space and 15-foot ceilings. It includes amenities such as an epoxy floor, a high-power EV charger, a sustainable lighting system, and Wi-Fi connectivity. The property also features one drive-in door (8' x 12'). The property has a new parking lot with seal coating and striping, providing 40 spaces. The spacious lot was previously used for EV car sales and motorcycle sales. It also features dual ingress and egress for smooth traffic flow. The property offers connectivity to I-90, I-294, and O’Hare Airport. The building has a specialized after-market automobile improvement facility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    GoEVcars Car Dealer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Marble Insurance, Executive Des Plains Transportation, U-Haul Neighborhood Dealer, GA Auto, Inc

    Location Insight

    • Map
    • Local Demand
    City
    Des Plaines
    County
    Cook
    State
    Illinois
    Longitude
    -87.8862581
    Latitude
    42.047349

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    FAQs

    What type of property is this?
    Automotive property - High-visibility property suitable for automotive, retail, or service-oriented businesses.
    Where is this automotive property located?
    The property is located at 1529 Rand Rd Des Plaines, IL.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: - High-visibility corner location at the intersection of Rand Rd and River Rd, with over 32,000 vehicles per day.; - Excellent access to O’Hare International Airport and major highways (I-90 & I-294).; - Flexible zoning suitable for owner-operators or developers.
    (847) 460-8319
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    1529 Rand Rd Des Plaines, IL 60016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1529 Rand Rd Des Plaines, IL 60016
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